2022 GMC Canyon Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
GMC Canyon Pricing for the Elevation, AT4 and Denali Trims















To find the best possible price on a new GMC Canyon, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Car Clearance Deals, Edmunds, NADAguides, Motortrend & CarsDirect
Formula for Calculating Dealer Cost:
- Example: Base GMC Canyon invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)
The 2022 GMC Canyon offers a fine combination of light-duty performance and entry-level luxury. Designed for a crew of five, this small pickup truck has a handful of signature technologies from the renowned General Motors brand.
What’s New for 2022?
Making its debut, the Denali Black Edition offers all-new styling and amenities on the 2022 GMC Canyon. This bundle comes with 5-inch rectangular assist steps, all-weather floor liners and other amenities. The Elevation Premium Package is another all-new option for this premium GMC truck.
Styles and Trims
Featuring four doors, the 2022 GMC Canyon is sold on the market with the Crew Cab that's spacious for up to five people. This type of popular cab may be paired with the Short Box or Long Box. The Extended Cab is another configuration that's available for this light-duty pickup truck.
Kicking off the lineup, the Elevation edition is packed with premium amenities, like the signature CornerStep Rear Bumper and EZ Lift & Lower Liftgate. This entry-level model includes halogen projector-beam headlamps and LED fog lamps for great views of the road ahead. The Remote Start allows the driver to remotely turn on the car's engine and climate control system.
Having a mid-level stance on the 2022 Canyon's roster, the AT4 model is equipped with a front grille that has black and chrome accents. Red recovery hooks also distinguish this robust GMC pickup truck on and off the road. The Off-Road Suspension Package enhances the all-terrain capabilities of the AT4. This bundle comes with 31-inch tires with the Goodyear Wrangler Duratrac branding. Additionally, the AT4 is available with leather-appointed seating with the Jet Black/Kalahari design.
Topping off the lineup, the 2022 Canyon Denali rolls on 20-inch aluminum wheels that have a diamond-cut finish. This upscale pickup truck includes heated and ventilated front seating with perforated leather trimming. Such a rich upholstery is covered in the Cocoa/Dark Atmosphere color.
Performance
Standard under the hood of the 2022 Canyon, the 3.6-liter engine block generates up to 308 net horsepower. This V-6 powertrain delivers up to 275 pound-feet of peak torque. Some key technologies on this six-cylinder powerplant include variable valve timing, direct injection and dual overhead camshafts. Tuned for efficient and powerful output, this default engine burns unleaded gasoline during combustion.
Featuring the Duramax design, a 2.8-L engine block is available for this luxury GMC pickup truck. Augmented by an individual turbocharger, this four-cylinder powerhouse pumps out 369 lb-ft of torque. Direct injection forces diesel fuel into this signature turbo powertrain, which includes an exhaust brake for efficient thermal cooling.
When properly set up, the 2022 Canyon can tow a trailer that's loaded with 7,700 net pounds per SAE J2807 guidelines. The optional Trailer Package adds important hardware for towing, such as four-pin and seven-pin connectors. This bundle comes with a four-way connector that's fully sealed for proper lighting connections. An integrated trailer brake controller is another conventional technology that improves towing.
Fuel Economy
For its work-oriented design, the 2022 Canyon has a respectable fuel economy rating of up to 25 mpg on the highway based on EPA codes. This light-duty pickup truck gets up to 18 mpg in the city. A rear-wheel drive (RWD) system yields the highest available fuel efficiency for this luxury model. Since it's primarily tuned for off-roading, an optional 4WD system will slightly reduce the fuel economy on paved roads.
Driving Impressions
Creating up to eight gear speeds, an automatic transmission system propels the 2022 GMC Canyon. Calibrating the gearbox for transporting maximum allowable loads, the Tow/Haul Mode is at the driver's fingertips. When goin downhill, the vehicle will be automatically decelerated by the Powertrain Grade Braking. This light-duty GMC pickup truck is also available with a six-speed automatic transmission system.
Engineered for all-terrain and all-weather driving, an automatic locking rear differential is installed on the 2022 Canyon. This advanced component carries the proprietary Eaton label for enhanced reliability. A two-speed transfer case with the Autotrac branding is another exclusive installation on this versatile GMC pickup truck. With help from the Electronic Traction Control, this lightweight vehicle maintains good composure on slippery surfaces. Additionally, a front-leveling kit is available for enhanced off-road handling.
Technology
The 2022 Canyon includes the GMC Infotainment System with an 8.0-inch touch screen. Compatible smartphones could be synced with the console's Apple CarPlay and Android Auto portals. Wireless Bluetooth connections are also readily accessible from the infotainment suite. Delivered through OnStar, a 4G LTE Wi-Fi hotspot is another connectivity option inside the cabin. Additionally, a navigation system with colored mapping and the Waze application is available for the latest infotainment system from GMC.
This light-duty pickup truck could be easily managed through the myGMC Mobile app, which works on Android devices and iPhones. Remote commands and vehicle notifications are integrated into this premium app. Amazon Alexa is another advanced app that's conveniently incorporated into the GMC Infotainment System. Playing songs from HD Radio and SiriusXM Satellite Radio, a Bose audio system is available for this luxurious GMC pickup truck.
Safety
The 2022 GMC Canyon packs a handful of accident-prevention technologies, such as the Forward Collision Alert. Parking won't be a struggle thanks to cues from the Rear Park Assist and standard Rear Vision Camera. As the name suggests, the HD Rear Vision Camera provides even better views of whatever is behind the tailgate. Additionally, this premium pickup truck has six standard air bags for great all-around protection.
Built on a light-duty platform, the 2022 GMC Canyon offers great utility and capability for diverse tasks. This small pickup truck is also loaded with luxurious amenities, such as climate-controlled seating with leather upholstery.
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Note: All GMC Canyon MSRP, invoice and dealer cost dollar figures above are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.